Discussions at this year’s IP Week, including from IEA’s Fatih Birol, illustrated the increasing sense of urgency among the oil and gas industry in addressing climate issues.
Western Energy Alliance and two other U.S.-based trade organizations do not “share our ambitious and progressive approach to the energy transition,” says BP CEO Bernard Looney.
Oil companies eyeing the Great Australian Bight have long battled opposition from green groups concerned about potential damage to fishing towns.
From renewable power projects to cutting emissions from oil and gas operations, supermajors on both sides of the Atlantic are taking different approaches to going greener.
The IRS and U.S. Treasury Dept. have not yet issued final rules on exactly how to implement these credits, causing proponents of carbon capture, use and storage technology a great deal of frustration.
Pioneer Natural Resources CEO Scott Sheffield called on oil and gas investors to sell shares or pull funding from companies that have rates of natural gas flaring.
The region still boasts great rock, say DUG Bakken and Rockies speakers.
Companies with the lowest flaring intensity in Texas included Pioneer Natural Resources, EOG Resources, ConocoPhillips and Chesapeake Energy.